Today, Levi Strauss & Co. announced financial results for our second quarter 2024, with net revenues of $1.4 billion up 8% on a reported basis and up 9% on a constant-currency basis versus Q2 2023. Our direct-to-consumer (DTC) net revenues increased 8% on a reported basis and 11% on a constant-currency basis, with growth reflecting a 12% increase in the U.S. and a 7% increase in Europe.
“We delivered another strong quarter driven by the Levi’s® brand’s prominence at the center of culture, a robust pipeline of newness and innovation, and continued momentum in our global direct-to-consumer channel. Our amplified focus on women’s and denim lifestyle is delivering outsized growth and driving meaningful market share gains,” said Michelle Gass, president and CEO of Levi Strauss & Co. “Our transformational pivot to operating as a DTC-first company is yielding positive results around the world, giving me great confidence that we will achieve accelerated, profitable growth for the rest of the year and beyond.”
Check out more key highlights from our latest results below. For full results, see the press release.